If they close down I hate it for the company and stock holders. I don't feel sorry for the ones on strike. The main stream media will blame the Hostess co because they didn't give more perks. Unions suck.

They said they would close if they went on strike!Dahhh!!!!!Striking in a bad economy isn't to smart.They should be happy they had a job.Ask for better deals when we recover from this.But that doesn't look very good now!

They said they would close if they went on strike!Dahhh!!!!!Striking in a bad economy isn't to smart.They should be happy they had a job.Ask for better deals when we recover from this.But that doesn't look very good now!

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Yea that, I would be, I was laid off from my last job after having it for just over 3 years, it was a tough job, I worked many nights, weekends etc. without pay(salary job), when it got to be too much all I had to do was think about what it was like to be unemployed and looking for work, that would instantly cure any thoughts of quitting, I was an operations manager managing a team that performed maintenance/upkeep/upgrades on PBX's(inhouse telecom equipment), about 225 sites in all spread out from the Mexican border to WA state and Colorado to the west coast, plus Hawaii, customers were mostly hotel's, hospitals, state/govt agencies etc.,

My wife says 3 years at that job aged me at least 10 years, I think she is right, it ran me into the ground on a regular basis, mentally and physically, but would I still be glad to have it? of course, I have no sympathy for anyone that has a job but refuses to do it unless their demands are met, they must have never been unemployed in the last 10 years, if that's the case, a very rude awakening is in store,

That's when the 20/20 hindsight will kick in, which is always too late,

Wednesday, November 14, 2012 at 4:00PM
Hostess Brands Inc. announced today that it will file a motion with the U.S. Bankruptcy Court on Friday to liquidate the entire Company if enough striking employees do not return to work by 5 p.m., EST, Thursday to enable the Company to resume normal operations. The strikes were called on November 9 by the Bakery, Confectionery, Tobacco Workers and Grain Millers Union (BCTGM).
“We simply do not have the financial resources to survive an ongoing national strike,” said Gregory F. Rayburn, the Company’s Chairman and CEO. “Therefore, if sufficient employees do not return to work by 5 p.m., EST, on Thursday to restore normal operations, we will be forced to immediately move to liquidate the entire Company, which will result in the loss of nearly 18,000 jobs. It is now up to Hostess’ BCTGM represented employees and Frank Hurt, their international president, to decide if they want to call off the strike and save this Company, or cause massive financial harm to thousands of employees and their families.”
Hostess has done everything in its power to pursue a reorganization of its business as a going concern, including spending the better part of 18 months negotiating with its key constituents to obtain a consensual agreement. As previously disclosed, the Company has obtained the support of its largest union, the International Brotherhood of Teamsters, and its lenders. With the support of the BCTGM, Hostess believes it would successfully reorganize.
If sufficient employees do not return to work by the deadline to restore normal operations, the liquidation process will unfold as follows:

Hostess will file a motion with the U.S. Bankruptcy Court on Friday, November 16, 2012 requesting to wind-down the Company and sell all of its assets;

Hostess has requested a hearing on the motion for Monday, November 19, 2012;

If the motion is granted at this hearing, Hostess Brands will begin to close all of its operations as early as Tuesday, November 20, 2012. The closures will include the termination of all employees except small, temporary crews to clean, secure and prepare facilities and other assets for sale.

The shelf life of an unrefrigerated twinkie is 25 days. It doesn't have diary in it, but it is made with eggs, so like all baked products with eggs, it's shelf life is severly limited.
Sorry to break the bubble.

what I thought astonishing is that the union financial gurus said after looking at the books that the company was being honest about going under. and yet the union, or should i say union bosses would rather have 18k of their peons lose their jobs . funny how they're bitchin about having to pay into their retirement accounts. how you gonna do that with umemployment? oh well, they'll all get alibaba phones

November 16, 2012 (WLS) -- Hostess Brands announced Friday that it is winding down operations and has filed a motion with the U.S. Bankruptcy Court seeking permission to close its business and sell its assets, including its iconic brands and facilities.

Bakery operations have been suspended at all plants. Delivery of products will continue and Hostess Brands retail stores will remain open for several days in order to sell already-baked products.